Alternity Protocol 🦇🔊

Alternity Protocol just launched 🔷🚀 Please welcome the most immutable and decentralised Chinese Yuan – $LCNY. Deposit $ETH as collateral, mint $LCNY and stake it in the Stability Pool to get $ALTR rewards. ➡️ app.alternity.finance

In 2024, the $CNY will rise against the $USD – @Bloomberg expert poll

Chinese Yuan $CNY tops Yen $JPY in share of global currency payments. – @swiftcommunity

$CNY volatility slump often precedes big moves. – @Bloomberg

$TLT ETFs for Treasury long-term bonds fall 2% amid Biden's request for 100 billion from Congress.

The Chinese Yuan has surpassed the Euro for the first time in trade settlements through SWIFT – as of the results for September. Source: @swiftcommunity

Security is first! We have initiated the Bug Bounty program on @HatsFinance which will expand over time.

@HatsFinance Thank you guys! 💙

We're excited to announce that @0xAlternity protocol has joined our Bug Bounty program. Dive in, explore, and help us fortify their security.

While China's crude oil imports were the second highest ever in August, the US has significantly drawn down it's strategic petroleum reserve. Source: @EIAgov

China cut its holdings of US Treasuries to a 14-year low of $835 billion in June 2023, which represents around 3.4% of the total marketable US Treasuries. This is the lowest percentage since 1999, when comparable data began being collected. Source: @MktsInsider

China has the lowest YoY CPI among top ten worldwide economies.

jst borrowed $CNY on @0xAlternity thx @smol_fork 💗

JUST IN: The US added another $33 billion of debt in one day yesterday, bringing the 2-day total to $308 billion. Since US debt crossed $33 trillion just 15 days ago, the US has added another ~$500 billion in debt. That's an average of $1.4 billion per hour for the last 15 days straight. If US debt borrowed over the last 2 weeks alone was split by every taxpayer, it would be $3,000/person. Debt to GDP is back above 120% while we may see $34 trillion in total US debt within a month. Now imagine what happens if a recession hits.

$CNY settlements in global trade reached a record high of 24%. The Chinese Yuan's share in global payments exceeded 3% for the first time in July, marking the latest milestone in the currency's internationalization. Source: People's Bank of China (PBC).

@UniswapVillain @DefiSafety ser Villain, security audits are crucial for liquidity bootstrap!

@0xAlternity @DefiSafety When will you add dex liquidity lol

Exciting news for our community! We have successfully passed the @DefiSafety review. The detailed 'Process Quality Review' can be found here: defisafety.com/app/pqrs/557

International Monetary Fund (@IMFNews) lifted weighting of Chinese yuan in SDR basket to 12.28%. $CNY weighting holds the third place after the $USD and $EUR.

Saudi Arabia cuts holdings of US Treasuries to 6-year low. Kingdom’s position in US government bonds falls by $3.2bn in June to $108bn. Source: ft.com/content/292595…

@LSDinmycoffee Nice one. If you ever thought about using a truly decentralized and immutable $CNY aka $LCNY – @0xAlternity is here, ser.

$CNY $CHN I keep seeing a big narrative about Chinese Yuan nuking. Be my guest if you wanna short it here. I think that's a bad idea.

@TokenBrice Thank you @TokenBrice, always a pleasure to read your thoughts.

The decentralized stablecoin marauder's map is out! In this piece, I address the critical challenges for designing a decentralized stablecoin & the relevant mechanisms harnessed by live/upcoming ones Incl. $crvUSD $GHO $DYAD $mkrUSD $fETH & more! 👉️ tokenbrice.xyz/stablecoin-mar…

For the first time, $CNY exceeded the $USD in China's bilateral transactions for the last quarter, @NikkeiAsia reported. According to the report, Chinese Yuan was used for 49% of bilateral transactions in the last quarter. asia.nikkei.com/Business/Marke…